Cuba Balance of Trade2022 Data - 2023 Forecast - 1990-2021 Historical - Chart

Name: Cuba Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Cuba,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Cuba recorded a trade deficit of 5528 CUP Million in 2020. source: National Office of Statistics, Republic of Cuba

Balance of Trade in Cuba averaged -4947.86 CUP Million from 1990 until 2020, reaching an all time high of -535.50 CUP Million in 1992 and a record low of -10570 CUP Million in 2008. This page provides - Cuba Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Balance of Trade - values, historical data and charts - was last updated on July of 2022.

Balance of Trade in Cuba is expected to reach -9630.00 CUP Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Balance of Trade is projected to trend around -10600.00 CUP Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Please Paste this Code in your Website

width

height

Preview

Related	Last	Previous	Unit	Reference
Balance of Trade	-5528.00	-7839.00	CUP Million	Dec 2020
Current Account to GDP	0.20	1.40	percent of GDP	Dec 2020
Current Account	1818.00	2325.00	CUP Million	Dec 2018
Imports	7230.00	9901.00	CUP Million	Dec 2020
Exports	1703.00	2062.00	CUP Million	Dec 2020
Tourist Arrivals	51116.00	23144.00		Nov 2021

Cuba Balance of Trade

Cuba runs consistent trade deficits as a result of low productivity and dependence on food imports. Cuba mainly exports nickel, cane sugar, cigars, fuel, beverages, metallic ores, fish, cement, oil and thyroid extract. Cuba mainly imports food, cereals, fuel, diesel engines, vehicles, motor parts and vegetable oils. Cuba’s main trading partners are Venezuela, China, Canada, Spain, Brazil, the Netherlands, the United States, México, Italy, France, Germany and Russia.